
New Mountain Capital
Description
New Mountain Capital is a prominent New York-based investment firm with a distinctive growth-oriented, value-add investment strategy. Established in 1999, the firm has grown to manage private equity, credit, and public equity funds, with aggregate assets exceeding $50 billion. New Mountain Capital distinguishes itself by focusing on building businesses of "new mountain" quality, emphasizing long-term value creation rather than financial engineering. Their approach involves identifying and investing in defensive growth industries that possess high barriers to entry and are less susceptible to economic cycles.
The firm's investment focus spans several key sectors, including healthcare, enterprise software, business services, financial services, and infrastructure. Within these industries, New Mountain Capital typically pursues control equity investments in middle-market companies. They are known for their deep sector expertise and proactive sourcing, often partnering with management teams to implement strategic initiatives that drive operational improvements and organic growth. This hands-on approach aims to transform portfolio companies into market leaders.
New Mountain Capital typically deploys substantial capital into its portfolio companies, with initial equity checks generally ranging from $100 million to $750 million. This significant capital commitment allows them to acquire meaningful control stakes and provide ample resources for growth initiatives, including strategic acquisitions and expansion into new markets. Since its inception, the firm has successfully raised over $37 billion of committed capital across its private equity funds, underscoring its strong track record and investor confidence. Their strategy is rooted in a fundamental belief in building great businesses, fostering sustainable growth, and generating superior returns for their limited partners.
Investor Profile
New Mountain Capital has backed more than 41 startups, with 11 new investments in the last 12 months alone. The firm has led 32 rounds, about 78% of its total and boasts 16 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Series Unknown, Debt Financing rounds (top funding stages).
- Majority of deals are located in United States, Canada, India.
- Strong thematic focus on Health Care, Software, Information Technology.
- Led 8 rounds in the past year.
- Typical check size: $100M – $750M.
Stage Focus
- Private Equity (78%)
- Series Unknown (7%)
- Debt Financing (5%)
- Series B (2%)
- Series A (2%)
- Post Ipo Equity (2%)
- Post Ipo Debt (2%)
Country Focus
- United States (95%)
- Canada (2%)
- India (2%)
Industry Focus
- Health Care
- Software
- Information Technology
- Consulting
- Medical
- Finance
- Saas
- Analytics
- Hospital
- Accounting
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.